Corporate evolution program
Establishment of an adaptive business system
Based on the Company’s strategic goals, in order to increase the efficiency of existing assets and expand globally, the key objective in terms of developing processes and systems is to form an adaptive business system featuring decision-making speed, speed of changes, unified work standards
Since 2014, the Company has been gradually developing a performance management system that has integrated a full set of continuous improvement tools in the PDCA (plan–do–check–act) cycle. The system is patented in the Patent Office of the Russian Federation.
Key system components:
- The business processes system, which is the foundation for building an effective management system for the Group. It forms the basis for building the organizational structure, the distribution of responsibility and authority, and the regulatory system. Business processes are the basis for control and analysis of performance and the identification of potential areas for optimization, including benchmarking
- The Company’s improvement project management system helps to effectively carry out organizational and management transformations as well as introduce best practices and changes in the process
EFFECTIVE ORGANIZATIONAL DEVELOPMENT ENSURES FULFILLMENT OF THE STRATEGY
The performance management system has been gradually developed since 2014. Business process optimization is the key tool behind the Company’s transformation
Key goals of the adaptive business system
Decision-making speed
Speed of changes
Unified work standards
Key focuses of the program
Adaptive processes
- Maximum speed with no bureaucracy
- Centralization of service functions
Digitalization and automation
- Digitalization of business processes
- Introduction of digital tools
- Implementation of electronic digital signature
Communications
- Development of a unified information space
ZARUBEZHNEFT performance management system integrated a set of continuous improvement tools built using the logic of the PDCA cycle